Singapore

Singapore’s CHITOSE Group raises $6.2M from Japan’s SMBC

Singapore-based biotech firm Chitose Bio Evolution Pte. Ltd. has announced the issuance of new shares of JPY 1 billion ($6.2 million) through a third-party allotment to Sumitomo Mitsui Banking Corporation (SMBC).

TAU Intelligence partners Jardine Matheson, Intel to launch resource-efficient AI solutions

Singapore-based generative artificial intelligence (AI) start-up TAU Intelligence has collaborated with Hong Kong-based conglomerate Jardine Matheson and United States-based technology firm Intel to launch resource-efficient AI solutions.

China’s XTransfer gets Singapore approval to provide payment services for SMEs

XTransfer, China-based business to business (B2B) cross-border trade payment platform, announced Tuesday that it has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a major payment institution license (MPI).

Singtel backs amalgamation of Intouch and GULF in move to simplify Thai associate AIS’ holding structure

Singapore Telecommunications Limited (Singtel) has on Tuesday announced its support for the amalgamation of Intouch Holdings and GULF, Intouch’s largest shareholder, which will create a leading digital and energy infrastructure player in Southeast Asia (NewCo).

Temasek’s Xora Innovation leads $55M Series A funding round in US battery maker Peak Energy

Xora Innovation, an Early-Stage deep tech investing platform of Temasek, has led $55 million Series A funding round in US battery maker Peak Energy.

Singapore-based tech unicorn Carro opens regional office in Hong Kong

Singapore-based used car online platform Carro has opened a regional office in Hong Kong.

Digital family office Arta Finance launches in Singapore

Arta Finance, a digital family office for accredited investors, has on Thursday announced it has received approval to launch in Singapore and plans to open its platform for Singaporean residents and others investing through Singapore later this year.

Ant International partners NTU Singapore for privacy-enhancing technologies to strengthen digital economy growth

Chinese fintech firm Ant International has partnered with Nanyang Technological University, Singapore (NTU Singapore) for privacy-enhancing technologies to strengthen digital economy growth in the region.

Singapore’s Har Har Chicken! raises funding led by East Ventures

Har Har Chicken!, the Singapore-based takeaway kiosk specializing in har cheong gai-focused menu items, announced Wednesday that it has raised funding led by venture capital firm East Ventures.

Singapore fintech firm PEXX raises $4.5M in seed funding led by TNB Aura

PEXX, a Singapore-based fintech startup specializing in cryptocurrency and blockchain technology, has on Tuesday announced the successful closure of a $4.5 million seed funding.